FTC approves Facebook’s Oculus purchase

In a brief announcement yesterday, the Federal Trade Commission approved Facebook’s proposed $2 billion buyout of virtual reality headset maker Oculus VR, Inc.

Second Life's Ahern area as seen with the Oculus Rift. (Image courtesy David Rowe.)
Second Life’s Ahern area as seen with the Oculus Rift. (Image courtesy David Rowe.)

The Facebook purchases promises to accelerate Oculus Rift development and move it beyond its original base of gaming supporters, towards a wider social use.

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